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"The Securities and Exchange Board of India Sebi has introduced an optional T1 settlement cycle for the markets T1 means that settlements will have to be cleared within one day of the actual transactions taking place"
<https://www.business-standard.com/article/markets/sebi-asks-exchanges-to-move-to-t-1-settlement-cycle-on-an-optional-basis-121090701501_1.html>